The Minimo is just 2.5 metres long, and 1.24m wide. Seat says the concept only takes up 3.1 square metres of space compared to about 7.2 square metres for the average car.

Its small size allows two to fit side-by-side in a regular parking spot. It can also be parked in a motorcycle parking space.

The company has yet to reveal full details about the Minimo's electric drivetrain, but it says the 15kWh battery has a range of over 100 kilometres.

Unlike most electric vehicles, the Minimo is fitted with a battery swapping system. Seat says this reduces the vehicle's reliance on public charging infrastructure, as well as cutting car sharing costs by 50 per cent.

The Minimo's top speed is 90km/h, but this is reduced to 45km/h if the driver is detected to be between 16 and 18 years old.

Alejandro Mesonero, Seat's head of design, told Autocar the company is working on bringing the Minimo to production by 2021. He said, "The shape won’t change but the materials will".

At the car's unveiling, Luca de Meo, CEO of the Seat brand, said the Spanish automaker will "lead the Volkswagen Group’s micromobility strategy".

He believes the micromobility sector is a "high potential business" because in Europe "short commutes under 10 kilometres, today represents around 60 per cent of the total".